Seven Requirements Of A Borehole Drilling/Water Treatment Business.
PETER AMODU.
Out of all the creations of God, water is the most essential need of man and as a result, water business is serious business. Nigeria is a country surrounded by water, but there is a technical procedure in getting access to clean and drinkable water in our homes. That is where borehole drilling and water treatment comes to play. There is no home where water is not consumed daily.
A borehole is a narrow shaft bored in the ground. It is usually constructed for the extraction of water and other liquids such as crude, petroleum and gas. Unlike other businesses, borehole drilling is deeply rooted in technicality. It requires both theoretical and practical knowhow . To venture into this business, the following steps can be taken.
Proper Training: The first thing one need to do is to get trained. This can be achieved formally by studying related courses in school, or informally by either working to learn in a borehole drilling company, or other possible means one can get expertise required for start up. An experienced staff can also be hired to run the company while the owner over sees the affairs.
Feasibility Study: Carrying out a thorough research on the business is also very important. Some of the things to know include; best location to position the business, price of equipment needed, both sales and rentals, start up capital and cost of running the business .
Business Plan: Drawing a business plan is also important to start this business. This is required to give one direction as it must cover necessary areas.
Business Registration: It is also necessary to register the business. Technology has also made it easier to register a business name or company in Nigeria.
One can either walk into the Corporate Affairs Commission’s office or register online, provided all requirements are in place.
Purchase of Equipment: The equipment involved can be quite expensive, but it is very important for one to acquire them to enable smooth operation in the business.
This also gives one the opportunity to deliver.Some of the necessary equipments include; down hole drilling rig, drag but stock, drill rods, drilling rig counter weight, diesel engine with hydraulic power pack, pumping machines, pressure resistant fiber vessels, safety helmets, safety boots, overall , hand gloves, Etc.
Hire Staff: Hiring staff becomes necessary at this stage. Skilled and unskilled laborers can be employed. But proper orientation must be given them, while safety training and insurance cover must also be considered.
Source For Contracts: Sourcing for contracts is a very important factor. Without creation of awareness, difficulty will be met in getting jobs as a starter. One is required to source for contracts, especially with government-private homes. Experienced marketers can also be contracted to bring jobs.
Contracts can also be sourced by visiting construction sites and talking to engineers. Contacts can easily be built with construction companies.
Advertising on radio, television, newspapers and popular websites can also be very helpful.
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